UK Bankruptcy Law

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I am going bankrupt. I have several personal loans. However,

Customer Question
when I applied for some...
I am going bankrupt. I have several personal loans. However, when I applied for some loans, I did not disclose all details of my other loans/credit cards as requested by the lender. I succefully got the loans without being asked to verify any of the details.

If I am going bankrupt, will the official receiver/lenders sue me for dishonesty? What are the legal consequences?
Submitted: 8 years ago.Category: UK Bankruptcy Law
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Answered in 2 minutes by:
6/30/2010
Solicitor: Joshua, Lawyer replied 8 years ago
Joshua
Joshua, Lawyer
Category: UK Bankruptcy Law
Satisfied Customers: 26,167
Experience: LL.B (Hons), Higher Prof. Dip. Law & Practice
Verified
Did you falsify or make fraudulent claims or just fail to provide all information requested? If you can try to be precise on this point it will assist.
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Customer reply replied 8 years ago
For some lenders, I just failed to provide all information requested.

But maybe for some other lenders, when I was asked how many loans I have already got, I gave a number fewer than my existing loans.

Could you please explain whether there is any difference between the two senarios?

What happened was that I applied for all loans on the same day, although they all gave an instant decision in principle, I had not received money until the next day or couple of days. Some further assessed my situation and finally approved the loans later. So is it a defence for me to say that on my application, I have not already got the other loans, and thus did not lie?

Thank you very much for your help

Solicitor: Joshua, Lawyer replied 8 years ago
You seem to have raised this question twice and are dealing with two lawyers. I am going to close this thread and leave you with my colleague.
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Customer reply replied 8 years ago
Sorry about this, but I think this topic conserns two legal areas - bankruptcy and criminal law. I would be grateful if I could get advice from lawyers in thess two areas.
Solicitor: Joshua, Lawyer replied 8 years ago
You may be correct but I do not want to confuse the issue. Do you want me to deal with the criminal implications - i.e. my colleague is helping you with the bankruptcy side?
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Customer reply replied 8 years ago
  1. Or the other way round? I thought you have more insolvancy experience, and your colleague has more criminal law experiene. Please correct me if I am wrong. Many thanks.
Solicitor: Joshua, Lawyer replied 8 years ago
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Customer reply replied 8 years ago
Yes, please procceed as you suggested. Thanks a lot.
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